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TriNet completed its acquisition of professional employer organization Ambrose Employer Group. New York-based Ambrose ranks as the sixth-largest PEO in the U.S. with a primary concentration in hedge funds and private equity firms.
The Ambrose acquisition marks the second major acquisition for TriNet. The company had acquired Strategic Outsourcing Inc., the fourth-largest PEO in the U.S., last year.
Ambrose’s team will join TriNet, and clients of both organizations will see a continuity of service, according to TriNet.
TriNet is a PEO based in San Leandro, Calif.